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20130121
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talks are under way. president obama warns the dire consequences if congress fails to raise our borrowing limits. in tonight's reality check, sam brock explains why most people should just take a deep breath. sam? >> raj, it would be therapeutic if nothing else. there is certainly little refuting the failure to raise the debt ceiling would send shock waves through the economy both national and global. that being said, president obama only fanned the flames today painting a picture of government catastrophe based on the facts seems a bit trumped up. >> ladies and gentlemen, the president of the united states. >> reporter: in the first press conference of his second term, president obama wasted little time scaring the day lights out of millions of americans who rely on government paychecks for one service or another, of the consequences of a u.s. default. >> may not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down nuclear materials wouldn't get their paychecks. >> reporter: the preside
in the next term of president obama. reporting from washington d.c., i am tori campbell, ktvu. >>> can you briefly touch on the energy out there compared to four years ago? >> well, i wasn't here four years ago and i was talking to people that were. they said still a lot of buzz and he can sitement. that is pretty typical for a second term. it is still expected to be 600, 800,000 people here. a fourth or third of four years ago. >> and it is better, the weather, than four years ago. so we are not complaining. >>> we will check back with you a little bit later on in "mornings on 2". >>> just about an hour ago, president obama and vice-president joe biden attended a wreath layinging at the cemetery -- a we will laying at the cemetery. >>> high surf advisory is in effect at bay area beaches. it will continue through this afternoon. swells between seven and 10 feet are expected. some will reach up to 0 feet. beach goers and fishermen are told to use caution. alex savidge is live at half moon bay with the extreme surfing set to start an hour from now. good morning, alex. >> reporter: well, that
is not takenning any chances. >> they can't afford to do that. we look forward it talking to you in the next hour. coming up on a special edition of "this week" david ploufe looks ahead to president obama's second term and. co-chair eva longoria previews the celebrations. you can see the whole picture this morning at 8:00 on "this week" with george stephanopoulos right here on abc7. our coverage of the inauguration begins tomorrow at 4:00 a.m. with a special edition of good morning america. we will also have live streaming coverage at abc7 news.com starting at 6:30. >>> the excitement here in the bay area has to do with the 49ers game. abc7 news sports anchor mike shumann is in atlanta for today's big game and he caught up with some fans ready to see the niners take on the falcons. >> he's playing out of his mind. first you feel bad for alec a little bit, but he's a game breaker. it's making us win so let's go for it. >> are you nervous he's going to have that one game, the let down in could that be the experience. >> not really. >> kaepernick is going to run all over. that's not even a question.
Search Results 0 to 2 of about 3